Mixed-Use Building Near E.
1083 SE 17th St Fort Lauderdale, FL 33316
1083 SE 17th St, Fort Lauderdale, FL, 33316
$995,000
For Sale
$995,000
Mixed-use building with restaurant, retail, and residential potential.
Property Size1,917 SF
Lot Size0.03 Acres
Price / SF$519.04
Days on Market135
Property Features for 1083 SE 17th St
General Information
- Standard status
- Active
- Size
- 1,917 SF
- Lot size
- 0.03 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1968
Listing agency
(954) 232-8494
Listed by
Richard Bonvie · License #610564
(954) 232-8494
Source
Elliman
Added: Mar 10 Updated: Jul 10 at 3:49PM Checked: Jul 21 at 8:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Richard Bonvie
Investment Insights
Based on property information with market context.
This 1,917 sq. ft. mixed-use building features restaurant and retail space on the first floor, with residential space on the second floor. The property is located off E. 17th St. Causeway in Fort Lauderdale, across the street from Quarterdeck and Whiskey Neat, and near Port Everglades and Fort Lauderdale International Airport. Downtown is also located within minutes of the property, offering accessibility and exposure. The building is offered in shell condition, ready to be customized. The property presents an investment opportunity for an owner-user or developer. For a larger footprint, the property can be combined with the adjacent 1,193 sq. ft. retail building, creating a total of 3,110 sq. ft. of contiguous space. The property was formerly the location of "Isla Pilipinos Cafe."
Key Highlights
- Prime location immediately off E. 17th St. Causeway in the heart of Ft Lauderdale.
- Flexible potential for owner‑user or developer with restaurant/retail space on the 1st floor and residential on the 2nd.
- Offered in shell condition, ready to be customized.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $55.2k | $28.80 |
| − Vacancy | −$3.8k | −$1.96 |
| EGI | $51.5k | $26.84 |
| − OpEx | −$12.9k | −$6.71 |
| NOI | $38.6k | $20.13 |
1,917 SF · lease $28.80/SF/yr · vacancy 6.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$551.3K
$482.4K – $643.2K
NOI $38,592 @ 7.0% cap · market cap 3.88%
Second Best
Mixed Use
$420.2K
$367.7K – $490.3K
NOI $29,416 @ 7.0% cap · market cap 2.96%
Theoretical Best
Office A
$1.29M
$1.13M – $1.50M
NOI $90,176 @ 7.0% cap · market cap 9.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Isla Pilipinas Cafe
Restaurant
Horizon International Services ...
Grocery & Convenience Store
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Mixed-use building with restaurant, retail, and residential potential.
Where is this mixed-use property located?
The property is located at 1083 SE 17th St Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Prime location immediately off E. 17th St. Causeway in the heart of Ft Lauderdale.; Flexible potential for owner‑user or developer with restaurant/retail space on the 1st floor and residential on the 2nd.; Offered in shell condition, ready to be customized.